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Chinese domestic vegetable oil supply is abundant while demand has entered the post-holiday off-season, with spot soybean oil prices slipping slightly last week. First-grade soybean oil in port areas was quoted at 5700-5900 yuan/ton, down 0-50 yuan from the prior week.
Ample supply and weak seasonal demand, plus cheaper imported soybean oil that boosts import margins and procurement, point to limited upside or downward pressure on domestic vegetable oil prices.
mysheen.comNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
